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Subject:  Private Company Shares/IRA Date:  9/16/2006  1:45 PM
Author:  Smufty2 Number:  187 of 319

A good friend has a private medical company that will begin production in 2007. His goal is ultimately sell his company. I have an opportunity to buy shares/ownership in this privately owned company but would like to do so with money currently in a rollover IRA at Foliofn. Is this doable without paying an early withdrawal penalty - and, if so, how would it be done?
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